1. Financial Integration, Bank Competition and Intra-Eurozone Foreign Direct Investment -- 2. Export Margins, Employment Skills and Financial Conditions: Stylized Facts from Greek Exporters -- 3. Why a revival of Greek manufacturing is a prerequisite to ensure a prosperous future for the country...

This book analyses several aspects on the efficient resource allocation in the aftermath of the global financial crisis and the European sovereign debt crisis. The main focus of the volume is on recent European Union (EU) experience highlighting the interrelation between inherent structural...

In a monetary union, fiscal transfers are an important policy tool to adjust to asymmetric shocks. However, fiscal transfers cannot substitute structural reforms especially when shocks are permanent. In this way, the design of fiscal transfer systems determine whether structural reforms or...